Central Bank of Egypt

Egypt Construction Market Size, Trends and Forecasts Report 2022-2026: Growth in Egypt's Construction Industry has Been Revised Down Due to High Inflation and Currency Depreciation - ResearchAndMarkets.com

Retrieved on: 
Friday, September 30, 2022
Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Urban Planning, Central bank, Construction, Budget, New Administrative Capital, Risk, Growth, Assessment, Building material, Industry, Forecasting, Government, Program, Investment, Yoy, Commercial, Sector, School, Central Bank of Egypt, NAC, Hospital, FY, Sewage, CBE, Renewable energy, Oil, Risk management, Q3

The "Egypt Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The forecast for growth in Egypt's construction industry has been revised down, owing to ongoing economic instability in the form of high inflation and currency depreciation, along with rising prices for energy and construction materials.
  • The solid pace of growth reflects the work on major infrastructure projects, including the New Administrative Capital (NAC), New Alamein and New Galala.
  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Egypt, featuring details of key growth drivers.

Egypt Prepaid Card and Digital Wallet Market Databook 2022: Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend 2017-2026

Retrieved on: 
Thursday, September 15, 2022
Spend, Central bank, Adoption, Mastercard, COVID-19, Population, Growth, Bank, Central Bank of Egypt, Technology, MDP, Science and technology in Asia, CBE, CAGR, Cryptocurrency, Mobile phone, Payment card, Qubbat al-Khazna

DUBLIN, Sept. 15, 2022 /PRNewswire/ --The "Egypt Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 15, 2022 /PRNewswire/ --The "Egypt Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.
  • The prepaid card market (value terms) in Egypt increased at a CAGR of 14.9% during 2017-2021.
  • In recent years, the digitalization of payment instruments created a significant growth opportunity for fintech companies in Egypt.
  • Moreover, according to the Q4 2021 Global Prepaid Card Market Survey, the adoption of digital wallets has increased substantially since the onset of Covid-19.

Egypt Construction Market Report 2022: Industry to Grow by 10.4% this Year, Supported by Increased Investments in Infrastructure and Energy Projects - ResearchAndMarkets.com

Retrieved on: 
Monday, August 8, 2022
Construction & Property, Other Construction & Property, Central Bank of Egypt, Asian Infrastructure Investment Bank, National Authority for Remote Sensing and Space Sciences, Construction, OPEC Fund for International Development, Industry, Growth, Investment, World Bank, New Administrative Capital, Relaxation, Government, Sector, World, Yoy, National bank, International development, Water, NAC, Electricity, National Bank of Egypt, Commercial, AIIB, CBE, Housing, NBE, Central bank, Renewable energy

The "Egypt Construction Market Size, Trends and Forecast by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Construction, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Construction Market Size, Trends and Forecast by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Construction, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The Egyptian construction industry grew by an estimated 8% in real terms in 2021, compared to growth of 3% in 2020.
  • The publisher expects the industry to grow by 10.4% this year, supported by increased investments in infrastructure and energy projects.
  • These projects will support investments in the infrastructure and petrochemical sectors, and are expected to drive growth across the construction value chain.

MNT-Halan Closes US c.$150 Million Securitized Bond Issuance as Part of a US $600 Million Program

Retrieved on: 
Monday, June 27, 2022
Technology, Finance, Fintech, Banking, Other Technology, Electronic Commerce, Professional Services, Software, Digital Cash Management, Digital Assets, Internet, National Bank of Egypt, Financial Regulatory Authority, Agricultural Bank, Al Ahli Bank of Kuwait, International Bank, Commercial bank, App Store (iOS/iPadOS), Growth, Development finance institution, ADCB, Central bank, Housing, Contract, Housing and Development Bank, CIB, Capital market, Al Baraka Bank Pakistan, Science and technology in Asia, Central Bank of Egypt, Small business, National bank, MNT, Bank, Financial services

The proceeds will fuel the companys accelerated growth across multiple lending business lines and MNT-Halans expansion into new verticals.

Key Points: 
  • The proceeds will fuel the companys accelerated growth across multiple lending business lines and MNT-Halans expansion into new verticals.
  • The companys digital ecosystem includes small business and consumer lending, payments, and e-commerce, all of which are backed by the companys proprietary technology - Neuron.
  • Commenting on the issuance, MNT-Halan CEO Mounir Nakhla said, We are especially pleased with the confidence that investors have placed in our company.
  • With c.1 million monthly active users, MNT-Halan serves more than 4 million customers in Egypt, of which 3.1 million are financial clients and 1.8 million are borrowers.

MNT-Halan Acquires Talabeyah, Integrated FMCG E-commerce and Distribution Platform

Retrieved on: 
Wednesday, June 22, 2022
Professional Services, Payments, Online Retail, Retail, Technology, Fintech, Financial Regulatory Authority, MNT, Technology, Central bank, CEO, Central Bank of Egypt, AN, FMCG, Ecosystem, App Store (iOS/iPadOS), Acquisition, Small business, White & Case, Multimedia, White, Online shopping, Sales

As a result of this transaction, MNT-Halan will be disrupting the current multi-layered and fragmented FMCG supply chain model and empowering small merchants.

Key Points: 
  • As a result of this transaction, MNT-Halan will be disrupting the current multi-layered and fragmented FMCG supply chain model and empowering small merchants.
  • View the full release here: https://www.businesswire.com/news/home/20220622005477/en/
    MNT-HALAN ACQUIRES TALABEYAH, AN INTEGRATED FMCG E-COMMERCE AND DISTRIBUTION PLATFORM (Photo: Business Wire)
    MNT-Halans digital ecosystem includes small business and consumer lending, payments, and e-commerce.
  • Adding a digital FMCG offering to MNT-Halans merchant network greatly enhances the companys breadth and scope and increases stickiness to its ecosystem.
  • Talabeyah has developed an elaborate online catalogue, signed contracts with the largest FMCG suppliers, and demonstrated solid execution of its operations.

OPay Was Approved by The Central Bank of Egypt to Issue Prepaid Cards to Help Digital Finance Reform in Emerging Markets

Retrieved on: 
Friday, April 15, 2022
CBE, MDP, Central Bank of Egypt, Central bank, Saudi Research and Marketing Group, CAGR, Sequoia Capital, Banque Misr, Business development, Multimedia, Partnership, Emerging market, View, Mail, Bank, Online shopping, Research

CAIRO, April 15, 2022 /PRNewswire/ --Emerging market fintech unicorn OPay has received preliminary approval from the Central Bank of Egypt (CBE) on April 13 to partner with Masria Digital Payments (MDP), Egypt's largest card provider, to issue prepaid cards in Egypt.

Key Points: 
  • CAIRO, April 15, 2022 /PRNewswire/ --Emerging market fintech unicorn OPay has received preliminary approval from the Central Bank of Egypt (CBE) on April 13 to partner with Masria Digital Payments (MDP), Egypt's largest card provider, to issue prepaid cards in Egypt.
  • OPay plans to issue 200,000 prepaid cards in the first phase, which will provide Egyptian users with convenient and fast non-bank financial services and promote the arrival of Egypt's cashless society.
  • OPay plans to issue 200,000 prepaid cards in the first phase to provide digital payment solutions for the local market.
  • After this financing, OPay has become a new financial technology unicorn in Emerging Markets, with a valuation of $2 billion.

Egypt Prepaid Card and Digital Wallet Market Report 2022-2026 - Mastercard is Expanding its Reach in the Prepaid Cards Market - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 16, 2022
Professional Services, Finance, Spend, MDP, COVID-19, Technology, CBE, Adoption, CAGR, Bank, Central bank, Population, Growth, Science and technology in Asia, Mastercard, Central Bank of Egypt, Cryptocurrency, Mobile phone, Payment card, Qubbat al-Khazna

The "Egypt Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.
  • The prepaid card market (value terms) in Egypt increased at a CAGR of 14.9% during 2017-2021.
  • Moreover, according to the Q4 2021 Global Prepaid Card Market Survey, the adoption of digital wallets has increased substantially since the onset of Covid-19.
  • In May 2021, Mastercard partnered with Egypt-based payment app Telda to launch prepaid cards in the country.

Egypt Embedded Finance Markets and Investment Opportunities Report 2022: Market is Expected to Grow by 64.1% to Reach $849.9 Million in 2022 - Forecast to 2029 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 15, 2022
Professional Services, Finance, Solution, Investment, Workforce, CBE, CAGR, YC, Central bank, Dayereh, Population, Growth, Science and technology in Asia, Industry, Type, Central Bank of Egypt, Real estate, Health insurance, Bank, Cryptocurrency, Financial adviser, Semiconductor, Insurance

The "Egypt Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2022 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2022 Update" report has been added to ResearchAndMarkets.com's offering.
  • Egypt's Embedded Finance industry is expected to grow by 64.1% on annual basis to reach US$849.9 million in 2022.
  • The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 37.0% during 2022-2029.
  • The embedded finance revenues in the country will increase from US$849.9 million in 2022 to reach US$4,689.8 million by 2029.

After the rapid growth in Egypt, OPay Group is targeting a major expansion in North Africa and the Arab region

Retrieved on: 
Friday, February 25, 2022
Population, Central Bank of Egypt, Growth, POS, Sale, Adoption, Multimedia, AI, Central bank, Google Play, IOS, Film, Online shopping

CAIRO, Egypt, Feb. 25, 2022 /PRNewswire/ -- Recently,"OPay" wins the best new POS payment service provider in Egypt for 2021 award from "The Global Economics".

Key Points: 
  • Notably,OPay's online gateway (OPay checkout) hosts a set of high-quality services, integrated solutions, and an excellent commission scheme, which enable small- and medium-sized businesses to achieve profit growth.
  • For customers, OPay delivers an easier way to pay bills and other expenses through an app available on iOS as well as Google Play.
  • OPay Group's continued success follows a $400 million funding round last August, which increased the company's valuation to $2 billion.
  • It also aims to enhance its current suite of financial services and adapt to new security standards to keep customer data safe and secure.

Egypt Construction Market Trends and Opportunities Report 2021-2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 5, 2022
Construction & Property, Other Construction & Property, Housing, New Administrative Capital, COVID-19, Agriculture, Electricity, Government, Growth, Central Bank of Egypt, Construction, City, Yoy, US, Information technology, Health, NAC, Central bank, Industry, Investment, CBE, Water, Renewable energy, Animal, Pharmaceutical industry, Risk management, Oil, Coronavirus

The "Construction in Egypt - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Egypt - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The outbreak of the Coronavirus (COVID-19) pandemic has weighed on the Egyptian construction industry, which is expected to have expanded by 2.7% in real terms in 2020.
  • The government is also focusing on several promising sectors such as agriculture, food industries, communications and information technology, construction, and manufacturing.
  • Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Egypt, featuring details of key growth drivers.